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DoorDash, a leading meal delivery app, is projecting next years dividend at $1.45. The company is expecting a dividend growth rate of 22% over the

DoorDash, a leading meal delivery app, is projecting next years dividend at $1.45. The company is expecting a dividend growth rate of 22% over the next 5 years. After which, DoorDash expects to maintain a constant 8% growth rate in dividends forever. If the required rate of return on the stock is 11%, what is the stocks terminal value or future price? What is the current share price?

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